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Poster: Mandojammer Date: May 5, 2010 9:30am
Forum: GratefulDead Subject: Re: TDIH- awaiting deadhead monte post re same

With no intent to hijack the thread from its original subject......

Monte you are all over it. And the solution is crystal clear.

We have an unconstitutional Federal Reserve Central Banking that answers to no one.

There is no Congressional oversight (which is probably a de facto good thing since everything the House touches they fuck up).

The Fed is in bed with a bunch of Keynesian morons at Treasury (read "Geithner") who think that carrying a National Debt that is conservatively 400%, likely closer to 700% of our GDP, is a "sound fiscal approach to extricate ourselves from this crisis".

To put this in terms that the average brain numbed American citizen can understand (my austere company here on the Forum excluded) - that is equivalent to making $50K per year and carrying $1.2 Million (with a large M) in credit card debt at 5%. YOU CAN'T EVEN MAKE THE INTEREST PAYMENT!!!!

Which is where we the US will be by 2017 at our current rate of government expenditure for bullshit entitlement programs - coupled with our issuance of debt to the tune of $120-150 billion every couple of weeks.

But the average American thinks that "It's okay, they will do something."


Those who got us into this mess.

They will get us out of it?

Nope. They won't. They can't.

Americans won't care until their Direct TV subscriptions are cancelled and by then it will be too late.

What is on the streets of Athens today is what will be on the streets of Washington DC and New York sooner than any of us want to imagine. We just got the first round bye since the dollar is 67% of reserve currency held world-wide. Followed by the Euro at 27% - with a big ass target painted on it that closely resembles the flags of Greece, Portugal, Spain and Iceland.

Folks, it's not about Red v. Blue, Right v. Left, Republican v. Democrat, liberal v. conservative or any other divisionary tool contrived by the worthless knotheads that have run our government since 1971.

It is simply about "We the People" and now is our time.

Two of my favorite quotes excerpted from one of the top 3 writings ever authored:

"That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness."

"But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security."

I will now yield the soapbox..........

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Poster: bluedevil Date: May 5, 2010 10:27am
Forum: GratefulDead Subject: Re: TDIH- awaiting deadhead monte post re same

From a lecture I went to recently at the Panetta Institute with Jeb Bush and James Carville. This is Carville talking:

00:25:34 >> Again, I agree.
00:25:35 I'm hard pressed to think of a policy this president has that I disagree with, but having said that we go to the problem to the big looming issue and i got to tell you I think that a new era of bipartisanship is upon us and I think it's going to be here sooner as opposed to later.
00:25:52 Let me tell you why.
00:25:58 There's a guy in orange county, bill groves, runs an outfit called pimco.
00:26:03 Any investor will tell you this guy say real deal, brilliant guy, biggest bond investor maybe in the world and what he's doing right now is lightening up on u.s.
00:26:13 Treasuries and is replacing them with german, canadian and french treasuries because the long term prognosis he doesn't think is that great.
00:26:24 So what's going to happen here is when the economy begins to pick up, as it is now and it's going to pick up faster than people think and companies are going to grow back and people will start borrowing money again.
00:26:38 There's going to be real pressure.
00:26:40 Money will come back in demand and our interest rates, either currency will probably go down because people are not going to have faith.
00:26:47 That's going to impose -- a solution is going to be imposed by the financial markets and when it does and the dollar loses 1/3 or 40% of its value and people go down to the wal- mart and they're paying 30, 40% more than they were before, i guarantee you it's going to get everybody's attention.
00:27:07 That's what's getting ready to happen and not 10 years down the road.
00:27:09 I think it's going to happen in a fairly short time.
00:27:13 I don't know if it's going to be two or three or four years but it's going to probably be somewhere in that time frame.
00:27:21 When it happens, then we're going to have to make a choice as a country.
00:27:28 We have three things.
00:27:29 We have an expensive system of entitlement, social security, medicare, to some extent medicaid.
00:27:34 We of have the 29 industrial nations, of the 30 industrial nations, we're like 29th in our tax burden and we spend more money on defense than of other nation in the world combined.
00:27:45 -- Than every other nation in the world combined.
00:27:48 Somewhere somehow something's got to give.
00:27:53 Herb stein who is the head of the council of economic advisors I think under president nixon said the rule is that which cannot continue won't.
00:28:07 My guess is that some variation of the three are going to have to occur because you're not going do it through tax increases.
00:28:14 You're not going to do it by just cutting entitlements.
00:28:17 You're certainly not going to cut the military away like that, but what's happened is the will to do this is going to be imposed by the financial markets.
00:28:32 When that happens, it's going to get everybody's attention.

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Poster: Mandojammer Date: May 5, 2010 10:48am
Forum: GratefulDead Subject: Re: TDIH- awaiting deadhead monte post re same

BD -

I am pretty bi-polar when it comes to Carville. I can see right through his Arkansas Chug-a-Bug routine and see that he is a brilliant man. I just can't figure out which side he's on. I read this transcript somewhere else (Zero Hedge I think) and Carville pretty much nails it.

The only thing I disagree with is is the assertation of "that which cannot continue won't". And I might be arguing in the margins here.

TARP is a monumental failure, Too Big To Fail is a monumental failure yet they still embrace it and hail it as the salvation of the financial industry and preventer of our impending economic collapse. All we have done is kick the can down the road. It is 1931 all over again and while the recession might be over, we are within 3 years of a double bottom the likes of which this country hasn't seen - since 1933.

Yup, the Recession is over - throw a freakin party cuz the Depression is just getting it's legs beneath it.

Hope everyone has a Victory Garden going and gets to know their neighbors well because the only way we get out of this is as a collective community. We certainly aren't going to be lead out of it by the collection of Ivy League idiots running the circus right now.

And despite what it sounds like, I don't believe in any of the Council on Foreign Relations, Tri-Lateral Commission, Bildeberger-Rothschild-Rockefeller New World Order conspiracy shit.

Now the ruling lizard elite whose eggs are in the Iceland volcano? I'm all about that one.

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Poster: dead-head_Monte Date: May 5, 2010 11:43am
Forum: GratefulDead Subject: Re: TDIH- awaiting deadhead monte post re same

I believe there's nothing wrong with decent jobs, living wages, worker safety, education, public police departments, public fire departments, public libraries, health care, pensions, environmental protection, national defense, and our government's role in assuring these very decent things be available for everyone. Common sense tells us these are highly desirable necessities for living securely in a real Democracy - and, they are worth fighting for. Unfortunately, we have lost our News Media to the multi-national corporations. It has been replaced by propaganda, brain-washing, yelling, name-calling, and lying. Without a free and independent Press to keep us informed of The Truth, how can we preserve our democracy? We cannot.

Back to Dwight's warning about "the military industrial complex." So, what ever happened to the "Peace Dividend" when the Soviet Union collapsed? Nothing. Military budgets continued to go up. Worst of all, today we have Blackwater's [now Xe Services] private army run by Erik Prince.

Investigative journalist Jeremy Scahill obtains a rare audio recording of a recent, private speech delivered by Erik Prince, the owner of Blackwater, to a friendly audience in January. The speech, which Prince attempted to keep from public consumption, provides a stunning glimpse into his views and future plans and reveals details of previously undisclosed activities of Blackwater.

Jeremy Scahill excerpts from his interview yesterday on Democracy Now:

Erik Prince said that the United States should send armed mercenaries, he doesn’t use the term, but that’s what they are, armed mercenaries, into Somalia, Yemen, Saudi Arabia, and Nigeria. With the exception of Nigeria, he talked about Yemen and Somalia and Saudi Arabia facing Iranian threats and the Iranians were, as he put it, at the dead center of badness in the world. And he said that by sending in private contractors, armed contractors, instead of the military, you solve the political problems of sending a large U.S. force, and said that the private sector can do this in a much smaller footprint way and it also would be politically expedient because there would essentially be plausible deniability on the part of the government. In the case of Nigeria, of course we’ve seen an increase in resistance movements and indigenous movements that are protesting against multinational oil corporations polluting, doing what they perceive to be stealing of Nigeria’s most valuable resources, oil-rich African nation. Erik Prince talked about these Nigerian groups as stealing oil from the multi-national oil corporations and suggested without providing any evidence whatsoever that revenue from this theft, by Nigerian groups, of the oil was being used to fund terrorist operations.

That the U.S. government has very expensive military operations and that if you take a high-end team of special forces operators like those that work for Blackwater, former SEALS, Delta Force, JSOC guys, joint special operations command guys, that you can send in less of them and that they can inflict much more damage. So he’s suggesting this will be something that can be done right now, send them into these countries to take out ‘the bad guys,’ as he called it, he constantly uses that term, ‘the bad guys.’

Erik Prince said that Blackwater trains somewhere in the ballpark of 1,500 Afghans every six weeks. Blackwater is currently competing for this massive training contract to train the Afghan police and there are some other companies doing it, too, but Blackwater right now, has a large part of the market cornered, and so they spend a lot of time with these Afghan forces.

Prince said of the Afghans that come to us, you know, they’ve never been a part of something professional and something that works and he said that, you know, they don’t know how to use toilets. The first thing we have to do is teach them intro to toilet use. He also talks about women that are working with Blackwater, and he says, you know, they come to work in their burkas and then they put on their cammies, their camouflage, and he said, you know, they really like the baton work and they get carried away with the handcuffs, wanting to handcuff men all the time. "‘But in six weeks we turn these individuals into what U.S. generals have told me is the most effective fighting force in Afghanistan."

I wonder what General McChrystal thinks about that, given his Army Ranger history, that Afghans who spend six weeks with Eric Prince’s force are somehow the most effective fighting force in Afghanistan.

Erik Prince brags that Blackwater saved 128 people during the aftermath of Hurricane Katrina. I was down there and- we were all down there, Amy, and we saw the Blackwater guys, we talked to some of them. They said that they were there to confront criminals and stop looters. But what Prince says that I think would be offensive to, Louisiana, is he says that Blackwater forces beat the Louisiana National Guard to the scene of the hurricane zone. He says, we jumped from five states over and beat the Louisiana National Guard. He doesn’t mention that thirty-five to forty percent of the Louisiana National Guard was deployed in Iraq along with massive amounts of equipment that could of been used in recovery operations, that could have been used in humanitarian operations there. So to say Blackwater beat the Louisiana National Guard without mentioning that part of the reason there wasn’t an effective Louisiana National Guard response was because so many of them were in Iraq and deployed abroad. And they expressed anger. I remember seeing some of them coming back into Louisiana livid with President Bush, saying, ‘He cares more about Iraq than he does about Louisiana and we should have been here.’ And so, he uses that then to launch off, Amy, and say he participated, Prince is a SEAL, in the invasion, he called it, of Haiti in 1994. And then he said that he had wanted to create a humanitarian barge like this massive vessel that could respond to natural disasters around the world, that could be supported by large pharmaceutical companies and Archer Daniels Midland, but that because of political attacks from the Left, because of his tens of millions of dollars in legal bills, he had to cancel it. And he says, you know, ‘a ship like that sure could come in handy right now in Haiti as it deals with the earthquake.